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[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from food in [oil-rich](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) UAE
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To play this video you [require](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to allow [JavaScript](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in your [browser](https://www.crunchbase.com/organization/mission-newenergy).
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Bio-diesel made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAEClose
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The [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) is a region where [automobile](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is king and fuel is low-cost, [typically leaving](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) little reward to find more environmentally-friendly ways of around.
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But this year, as demonstrations throughout the [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) have risen the cost of oil, the issue of discovering alternative sources of fuel has actually entered into [sharp focus](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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In a region that has among the highest [carbon footprints](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in the world, one service is taking benefit of the growing pressure to [discover](https://stocktwits.com/symbol/MNEL) [options](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to oil. It's [established](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) the [Middle East's](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) first plan to [recycle cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). It's proving lucrative too, currently their [client-list](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) includes McDonald's.
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Philip Hampsheir [reports](https://stocktwits.com/symbol/MNEL) from Dubai.
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[Special](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) report: The Technology of Business
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Subsection
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Business
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23 August 2011
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Read description
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